cantor was delivering a big speech. specific spending cuts and no knew tax hikes to shut off the sequester. >> there is no greater moral imperative then to reduce the mountain of debt that is facing us, our children, and there's. >> white house officials say they have been specific about $350 billion in medicare cuts. when asked when the president does not meet the deadline for unveiling his budget for the third straight year spokesman jay carney blamed republicans saying this "with talks delayed the process. >> why didn't he said the deadline for his own budget. >> what the president has talked about in recent days where we are governing, especially with regard to our fiscal and economic matters in a state of constant crisis. >> a group of liberal house democrats came up today and said they want not just the taxes but also new spending as part of this deal, signed up parties are very far apart with a march march 1st deadline on the sequester women. lou: fox news chief white house correspondent. a white house also annou